Official:Amending Section 14-702 of The Philadelphia Code, entitled “Floor Area, Height, and Dwelling Unit Density Bonuses,” to add requirements related to the use of payments in lieu of building affordable housing to receive floor area, building height and dwelling unit density bonuses; and amending Section 14-533, entitled “/MIN, Mixed Income Neighborhoods Overlay District,” to add requirements related to the use of payments in lieu of building affordable housing to satisfy certain minimum affordable housing building requirements; all under certain terms and conditions.
Sponsor: Councilmember Gauthier
Introduced: February 1, 2024
Signed: June 13, 2024
: Committee on Rules
Status: Signed into Law, step 4 of 4
This bill adds requirements for developers to build affordable housing in certain neighborhoods in order to receive bonuses for increased floor area and height. If a developer chooses not to build affordable housing, they must pay a fee instead.
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